The COVID-19-related stimulus package (CARES Act) has created many relief programs to support businesses during this pandemic. It has also resulted in many questions for businesses to address, and each can impact a business differently.
K·Coe Isom’s advisors have been following the latest updates and guidance and providing expert recommendations on disaster relief programs, and helping businesses with Paycheck Protection Program (PPP) applicability and guidance. If your business is struggling to keep up with the new PPP Loan Forgiveness requirements, or does not have adequate resources to implement best practices for your business and employees, K·Coe can provide these services:
- PPP Loan Forgiveness application instruction
- Payroll calculations
- Expense tracking
- Assistance with forgiveness reporting
If you have questions regarding the applicability of any relief programs for your business, or would like help with loan forgiveness tracking, reporting or calculations, please click the button below to enter your information.
Recent COVID-19 Insights
Reading Time: 2 minutes On January 15, the USDA announced rule changes that would provide additional assistance for many farmers and ranchers due to COVID-19 disruptions. The new rules make changes to the Coronavirus Food Assistance Program 1 (CFAP1) and Coronavirus Food Assistance Program 2 (CFAP2). Some of these changes were made following requirements …
Reading Time: 2 minutes In an effort to provide additional stimulus funding, The Consolidated Appropriations Act was signed by the President on December 27, 2020. Included in the guidance were changes to deductions for business meals in tax years 2021 and 2022. New Provisions include Higher Temporary Deductions In an effort to stimulate the …
Reading Time: 2 minutes Good news for businesses as guidance from the U.S. Small Business Administration (SBA) and Treasury has been issued regarding the second round of Paycheck Protection Program (PPP) funding. “It was expected that there would be changes and corrections in interpretation and meaning following the COVID-19 relief bill, and numerous SBA …